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Canada approves Air Canada’s acquisition of Transat

The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The two companies, which announced the...

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Bombardier to cut 1,600 jobs and reduce manufacturing footprint in bid to slash costs

Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability. Bombardier in 2021 will eliminate 1,600 jobs,...

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Bombardier to cease Learjet production at year-end

By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls. By the end of 2021 Bombardier will stop producing Learjets, a...

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European aviation proposes framework for net-zero CO2 by 2050

Five industry associations have joined forces to propose a plan for European aviation to reach net-zero CO2 emissions by 2050. Five industry associations have joined forces to propose a plan for European aviation to reach net-zero carbon dioxide (CO2) emissions by 2050....

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MEPs back plan to ease airport slot rules for summer 2021

Members of the European Parliament have backed proposals to ease slot rules for the forthcoming summer season under which airlines only have to use half their airport slots in order to retain them for the following year. Members of the...

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Embattled Air Namibia recalls fleet and ceases operations

Struggling African carrier Air Namibia is cancelling all flights from 11 February, and returning its fleet to its Windhoek base. The cessation of operations for the troubled flag-carrier comes eight months after the Namibian president, Hage Geingob, told the country’s...

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Start-up Flyr plans listing on Norwegian stock exchange

Norwegian start-up Flyr will apply for a listing on the Oslo stock exchange’s Euronext Growth market as it seeks to raise NKr600 million ($70 million) from private equity investors. The airline has already secured NKr165 million from cornerstone investors, giving the airline an...

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Paris airports operator works on new plan after Charles de Gaulle expansion scrapped

Paris airports operator Groupe ADP is to work on a new development plan for Charles de Gaulle airport after the French government scrapped its existing Terminal 4 project. Paris airports operator Groupe ADP is to work on a new development...

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Emirates chief expects ‘meaningful’ capacity return in Q4

The impact of Covid-19 variants on government-imposed travel restrictions is likely to delay a “meaningful” restart of international travel until the fourth quarter of this year, in the view of Emirates president Tim Clark. Impacts from Covid-19 variants on government-imposed...

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Airbus and Air France spearhead Paris bid to advance hydrogen-hub airports

Airbus and Air France-KLM are joining airports operator Groupe ADP and other French entities to explore the use of hydrogen at Parisian airports. They are seeking projects focused on storage and distribution of gaseous and liquid hydrogen within airports, options...

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